Scan to Cash-Bank Asia’s QR Code-based cash withdrawal service

Business Desk :

Bank Asia PLC has launched “Scan to Cash”, an advanced QR code-based cash withdrawal service for its customers. With this facility, customers can easily withdraw cash from any Bank Asia branch without cheque or debit card.

With Scan to Cash, a unique QR code is displayed at the cash counter in every Bank Asia branch, according to a press release.

To make a withdrawal, customers simply open the Bank Asia Smart App on their smartphone, scan the QR code, enter the desired amount, and authenticate using a one-time password (OTP).
Once authentication is complete, the teller hands over the cash, and the customer’s account is instantly debited reflecting the withdrawal amount.

Customers are able to make up to five transactions per day, with a daily withdrawal limit of BDT 300,000.
The ‘Scan to Cash’ service ensures a time-saving, convenient, and seamless banking experience for customers.
As part of its commitment to customer-centric digital banking, Bank Asia’s ‘Scan to Cash’ marks a unique milestone in expanding secure, smart, and hassle-free financial services.